Estonia wants to become a 'country as a service'
businessinsider.com
Estonia wants to become a 'country as a service'
1–10 of 35 posts
Re: Estonia wants to become a 'country as a service'
#2Did businessinsider just run an article about what was an april fools joke?
http://arcticstartup.com/article/estonian-country-as-a-servi...
Re: Estonia wants to become a 'country as a service'
#3Did businessinsider just run an article about what was an april fools joke? http://arcticstartup.com/article/estonian-country-as-a-servi... https://countryos.com/
The article is about https://www.leapin.eu/ and https://e-estonia.com/
Those two sites don't seem like an april fools jokes.
Re: Estonia wants to become a 'country as a service'
#4Given the long history of flags of convenience and purchasable citizenship in tax havens, something like this seems bound to be attempted eventually. If it takes off, it'll be curious to see how hard the pushback is.
Re: Estonia wants to become a 'country as a service'
#5Not too many in silicon valley can claim that:
... He adds: "I have been like a kid in a candy store. I have lots of investment money and full political support."
Re: Estonia wants to become a 'country as a service'
#6Seems like it'll be a non-starter for most sane businesses given the insane reporting requirements.
we started to ask companies to give us more data. The reason is we wanted to get rid of fraud. Currently, all the companies in Estonia are declaring their B2B deals. If I’m a company and you’re a company and I buy something off you and it’s more than €1,000, we both have to declare it
Re: Estonia wants to become a 'country as a service'
#7Seems like it'll be a non-starter for most sane businesses given the insane reporting requirements. we started to ask companies to give us more data. The reason is we wanted to get rid of fraud. Currently, all the companies in Estonia are declaring their B2B deals. If I’m a company and you’re a company and I buy something off you and it’s more than €1,000, we both have to declare it
How is this insane? It's just about keeping very clear logs of the transactions, right? I's not like in the US they don't know where my money transfers are coming from.
Re: Estonia wants to become a 'country as a service'
#8Imagine this becoming a thing. Where anyone could eventually become Estonia's resident with all the rights (and of course responsibilities) equal to the people actually living there. Once other nations would follow, then the borders would truly start to disappear because it wouldn't really matter where you are located. No more us and them, just people of the earth.
I know it's way too optimistic and this solution probably introduces just as many problems as it solves, but still, one is allowed to dream, right?
Re: Estonia wants to become a 'country as a service'
#9Interesting, though physical residency must come in at some point, otherwise who pays taxes for the country you actually live in? But hey, if they start making good laws, I'd move there, as European it's very easy. But good laws means also lower taxes and a decent healthcare at decent prices.
Re: Estonia wants to become a 'country as a service'
#10Imagine this becoming a thing. Where anyone could eventually become Estonia's resident with all the rights (and of course responsibilities) equal to the people actually living there. Once other nations would follow, then the borders would truly start to disappear because it wouldn't really matter where you are located. No more us and them, just people of the earth. I know it's way too optimistic and this solution pro…
Well tax laws apply to you based on your tax residence and your citizenship so this has very limited benefits if you are already living in a western country. Plus due to all the anti money laundering rules you will have tough time opening a bank account remotely.